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Fans try to save broke Spanish team Oviedo

Updated: November 12, 2012, 4:13 PM ET
Associated Press

BARCELONA, Spain -- Faced with impending bankruptcy and extinction, the debt-ridden Spanish soccer club Real Oviedo has discovered a precious asset that may yet save it from doom: the loyalty of its fans.

As one of many clubs struggling to survive in the country's economic crisis, Oviedo needs to raise nearly 2 million euros ($2.5 million) by Nov. 17 to stave off legal writs that would force its dissolution after 86 years.

But thanks to a novel fund-raising effort -- selling shares ...

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